PRODUCT IDENTIFICATION , MARKET ASSESSMENT AND TREND SPOTTING

A very good morning boys
Today we are going to learn three topics namely Product Identification, Market Assessment and Trend spotting.
We would be looking at each topic one by one.
Suppose we just finished watching product Identification. Let us pause and then  you can ask me your doubts.
We carry on this way for the next two topics.

Learning Outcomes

• How to identify a product that will be successful in a business
• The various market assessments requred
• How to Spot Trends in the market.
• Methods to spot trends

Let us now watch the video.Please remember to pause after each topic mentioned in the heading.

https://www.youtube.com/watch?v=Chs6VH5uOlo

Hope the video was of benifit to you.

Go ahead with your questions.

Please make sure the assignment is done in your exercise copies

Q1) What is idea generation ?

Q2) What is meant by Trend Spotting 

Q3) How does Trend spotting help Entrpreneurs ?

Q4) What is meant by Idea Fields ?